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Price transparency in residential electricity : experiments for regulatory policy
Lunn, Pete; Bohacek, Marek - 2016
Two laboratory studies investigated the effect of price transparency on consumers' decision-making in the residential electricity market. The first tested whether consumers have difficulties when confronted with unit prices expressed as discounts from standard rates, which vary between...
Persistent link: https://www.econbiz.de/10011547585
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Regulation of non-marketed outputs and substitutable inputs
Bertsch, Joachim; Hagspiel, Simeon - 2015
We study the regulation of a monopolistic firm that provides a non-marketed output based on multiple substitutable … costs. For this novel setting, we investigate the theoretically optimal Bayesian regulation mechanism. We find that the … non-Bayesian regulation can indeed get close to the second best of the Bayesian menu of contracts regulation. …
Persistent link: https://www.econbiz.de/10011442703
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Optimal Transmission Regulation in an Integrated Energy Market
Tangerås, Thomas - 2014
The capacity of the transmission network determines the extent of integration of a multi-national energy market. Cross-border externalities render coordination of network capacity valuable. Is it then optimal to collect powers in the hands of a single regulator? Should a common system operator...
Persistent link: https://www.econbiz.de/10013069265
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Incentive Regulation : Evidence From German Electricity Networks
Hellwig, Michael - 2019
subject to a lower powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …
Persistent link: https://www.econbiz.de/10012899944
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Incentive regulation : evidence from German electricity networks
Hellwig, Michael; Schober, Dominik; Cabral, Luís M. B. - 2019 - This version: January 29, 2019
used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly …
Persistent link: https://www.econbiz.de/10011971656
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Incentive regulation : evidence from German electricity networks
Hellwig, Michael; Schober, Dominik; Cabral, Luís M. B. - 2018
subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …
Persistent link: https://www.econbiz.de/10011795225
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Environmental Dumping, Transboundary Pollution and Asymmetric Information. Some Insights for the Environmental Regulation of the European Electricity
Bigano, Andrea - 2013
regulation and trade under imperfect competition. Ulph's model focused on the effectiveness of harmonisation policies against … issues rests in their importance for the environmental regulation of the European electricity sector, where imperfect …
Persistent link: https://www.econbiz.de/10014172904
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An Experimental Analysis of Irish Electricity Auctions
O'Donovan, Celine - 2009
This paper examines the recently deregulated Irish electricity market. We ask: given this newly imposed institutional structure, does the availability of true marginal prices for electricity products affect the price/quantity bids submitted by market participants? First, we analyse the price...
Persistent link: https://www.econbiz.de/10013153920
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Default vs. Active Choices : An Experiment on Electricity Tariff Switching
Atasoy, Ayse Tugba - 2020
controlled laboratory experiment. We provide evidence that the default contract rule lowers the decision quality compared to the …
Persistent link: https://www.econbiz.de/10012827006
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Structural Versus Behavioral Remedies in the Deregulation of Electricity Markets : An Experimental Investigation Guided by Theory and Policy Concerns
Van Koten, Silvester - 2020
We try to better understand the comparative advantages of structural and behavioral remedies of deregulation in electricity markets, an eminent policy issue for which the experimental evidence is scant and problematic. Specifically, we investigate theoretically and experimentally the effects on...
Persistent link: https://www.econbiz.de/10012857437